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Dec 12, 2012
12/12
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what the fed has just done has -- it's done damage to the u.s. dollar. the beneficiaries will be stocks. beneficiary will be gold. beneficiary will be the canadian and new zealand dollars. >> so commodity currencies get a boost out of this. >> not a question. >> thanks. the commodity king. >>> mariott shares are up as the company transitioned successfully no a new ceo. fromity small days as a root bear stand, mariott has always been family affair. as i found out in my documentary, behind closed doors at mariott, bill mariott may come off as a mild-mannered i go. but he is anything but timity when it comes behind one of his vintage racers or his company. >> blasting by in his rare 1950s mercedes, you may not recognize him. but take another look and you may realize you've seen that face before. >> these are fast car nets old days. won a lot of races. >> he is bill mariott. billionaire and recently retired ceo of the hotel dynasty that bears his name. >> i think is important for the customer to know that there's a family and a person behind the name. >> in
what the fed has just done has -- it's done damage to the u.s. dollar. the beneficiaries will be stocks. beneficiary will be gold. beneficiary will be the canadian and new zealand dollars. >> so commodity currencies get a boost out of this. >> not a question. >> thanks. the commodity king. >>> mariott shares are up as the company transitioned successfully no a new ceo. fromity small days as a root bear stand, mariott has always been family affair. as i found out in my...
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Dec 11, 2012
12/12
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it won't be a blow to the u.s. economy at all, in my judgment, and the economy is going to move on through this. >> can you invest in the markets today without considering the fiscal cliff? >> yes. >> is there a strategy to go forward. >> i just tried to ortic lays and saying to yourself it won't ind mine the economy so i'm going to v.on the fundamentals, growth, competitiveness and earnings and so forth depending on the situation. i think investors would be wise to look beyond the fiscal cliff because all the fears it's tomorrow doing the economy are misplaced. >> most economists have said if we go into 2013 without a deal we'll go into recession. >> we might have into 2013 for three days or knife days or a week before there's a deal. that's about it. the pressure from financial markets will be too great so the scenario that you just referred to to, we go over the cliff, had and the economy sinks. i want to emphasize that cannot happen. >> let me move on to another topic. timothy geithner has said he's not returni
it won't be a blow to the u.s. economy at all, in my judgment, and the economy is going to move on through this. >> can you invest in the markets today without considering the fiscal cliff? >> yes. >> is there a strategy to go forward. >> i just tried to ortic lays and saying to yourself it won't ind mine the economy so i'm going to v.on the fundamentals, growth, competitiveness and earnings and so forth depending on the situation. i think investors would be wise to look...
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Dec 6, 2012
12/12
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take a look at how u.s. markets interpreted what the ecb did earlier today, cutting its european growth outlook. we saw the dollar strengthen. that has weighed on commodity prices. energy prices in particular across the board with the wti contract closing at a three-week low. we're looking at pressure across the board in the energy sector. that's good news for people driving over the holidays. we're looking at gas prices coming down. futures market and prices at the pump, only ten cents higher than a year ago. back to you guys. >> sharon, thank you. well, consumer reports out with a new report on ford's top hybrids and their big mileage claims. the results, let's just say, are not ideal for ford. phil lebeau joining us here. what is the news? >> essentially we're talking about the ford fusion hybrid and the ford c-max hybrid. both of those models claim, according to ford, they are believed to get 47 miles per hour. that's how ford advertises them. that's on the sticker eer on t windows. consumer reports brou
take a look at how u.s. markets interpreted what the ecb did earlier today, cutting its european growth outlook. we saw the dollar strengthen. that has weighed on commodity prices. energy prices in particular across the board with the wti contract closing at a three-week low. we're looking at pressure across the board in the energy sector. that's good news for people driving over the holidays. we're looking at gas prices coming down. futures market and prices at the pump, only ten cents higher...
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Dec 6, 2012
12/12
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u.s. officials told foxyian officials -- syrian officials have loaded it on canisters to be dropped from above. on a lighter side why simpson is dancing like this to promote fiscal reform. "special report" from washington starts at 6:00 eastern now. back to new york and my colleagues with "the five." ♪ ♪ >> andrea: welcome back to "the five." well, you are looking live at the national christmas tree lightinger? washington, d.c. any minute, the president will be lighting the 48-foot spruce, that sits on the white house. and when he does, we'll take you there. with christmas less than three weeks away we decided to hit the streets to play holiday trivia game. take a look. name santa's reindeer. >> dancer, prancer, dixon, vixen, i'm missing one. >> can you make all of santa's reindeer? >> no. >> can you help? >> no. >> blit.en. >> donner. dander. that is probably not a reindeer. >> yeah, that's not a reindeer. >> dasher, dancer, prancer, blitzen. >> dorcupid, donor, blitzing -- >> rudolph
u.s. officials told foxyian officials -- syrian officials have loaded it on canisters to be dropped from above. on a lighter side why simpson is dancing like this to promote fiscal reform. "special report" from washington starts at 6:00 eastern now. back to new york and my colleagues with "the five." ♪ ♪ >> andrea: welcome back to "the five." well, you are looking live at the national christmas tree lightinger? washington, d.c. any minute, the president...
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Dec 18, 2012
12/12
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WBAL
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a giant of the u.s. senate has passed away. he died tonight from respiratory complications. he was the first japanese american serving in congress. president obama said the governor was revered by all who knew him. he was 88 years old. a family is dealing with a cool reality this holiday season. the family of four has to find a new place to say after their home caught fire. this video was taken at the fire. you can see flames shot up. it took an hour to get everything under control. no word on what sparked the flame. city police say a man was shot in a neighborhood. police say officers responded around 7:45 tonight. we are told the victim was seriously wounded. tonight, a deadly nightmare after a man comes to the aid of a motorist. the heartbreaking details. the karl -- >> the car loses control and hit a man. a man described as a good samaritan is dead tonight as he reported the came to the aid. 54-year-old was on the shoulder this morning helping a driver change a tire. investigators say another driver coming off the southbound ramp lost control and hit scott, who died on t
a giant of the u.s. senate has passed away. he died tonight from respiratory complications. he was the first japanese american serving in congress. president obama said the governor was revered by all who knew him. he was 88 years old. a family is dealing with a cool reality this holiday season. the family of four has to find a new place to say after their home caught fire. this video was taken at the fire. you can see flames shot up. it took an hour to get everything under control. no word on...
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Dec 18, 2012
12/12
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apple's request to ban sales of samsung's smart phones in the u.s. stock of apple down 25% over the last three months. john, is apple losing its mojo. >> it hasn't had a dramatic innovation. it's trying to keep other people from catching up with it by suing it. that's not really a good business strategy. i do think it's lost some of the apple invents the new great thing every few years. it hasn't. >> the judge says failed to prove infringing on the products enough to ban it. that's what they want to do, ban it. they got a billion dollar fine out of the guys. isn't that enough. haven't we heard enough of the thing? the judge himself said he's fed up with the case. let's settle and move on. >> apple is trying to protect their territory. >> they should concentrate on innovation and not trying to stop others from catching up. >> isn't that what apple says, concentrate on innovation. >>> instagram facing backlash. starting january 16th, the photo sharing right has a right to use your pictures in ads without paying you or notifying you. can instagram reall
apple's request to ban sales of samsung's smart phones in the u.s. stock of apple down 25% over the last three months. john, is apple losing its mojo. >> it hasn't had a dramatic innovation. it's trying to keep other people from catching up with it by suing it. that's not really a good business strategy. i do think it's lost some of the apple invents the new great thing every few years. it hasn't. >> the judge says failed to prove infringing on the products enough to ban it. that's...
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Dec 14, 2012
12/12
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when the u.s. leaves? how big is the risk that this place again becomes a sanctuary for terrorism, whatever word you want to put on it? >> i think, i don't blame american officials to paint a rosy picture. it's not as rosy as they've painted and it's not as bad as some pessimists think. but i think the most important solution lies in the non-military aspects of what will happen after the u.s. leaves, which is the afghan government's responsibility. and also, the turning point will be the afghan presidential elections. i think the afghan people can and will help the security situation, as they were confident enough that they have a government that they can relate to, they can be confident of, the rule of law, the government has to be provided. all those things are a big question. if we don't have that election the way it should be, but then, security will be deteriorating, because public support will not be there for the government to help receive support from the them afghan people. >> and it's interesting
when the u.s. leaves? how big is the risk that this place again becomes a sanctuary for terrorism, whatever word you want to put on it? >> i think, i don't blame american officials to paint a rosy picture. it's not as rosy as they've painted and it's not as bad as some pessimists think. but i think the most important solution lies in the non-military aspects of what will happen after the u.s. leaves, which is the afghan government's responsibility. and also, the turning point will be the...
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Dec 26, 2012
12/12
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. >> reporter: for insurors, 2013 will bring more m & a to diversified business as u.s. profit margins are squeezed by regulation and competition. united health's $5 billion acquisition of brazil's biggest health provider will likely push others to hunt for more international growth. >> medical device makers face a 2.3% excise tax starting in 2013 under obama care. it's been a head wind for stocks like boston scientific and striker. any kind of reprieve on that rate is going to be a positive for the sector. >> reporter: the biggest story of the year will be the buildout of the state health exchanges. the federal government has to build 32 of them for states opting out, along with a complex central data hub to manage eligibility and subsidy payments. it will be little short of a miracle to get the online insurance marketplaces up and running smoothly by october 1st, when millions of uninsured americans are supposed to start signing up for obama care coverage. >> so what rule will have the biggest impact on the health care industry and who will be most affected? joining us
. >> reporter: for insurors, 2013 will bring more m & a to diversified business as u.s. profit margins are squeezed by regulation and competition. united health's $5 billion acquisition of brazil's biggest health provider will likely push others to hunt for more international growth. >> medical device makers face a 2.3% excise tax starting in 2013 under obama care. it's been a head wind for stocks like boston scientific and striker. any kind of reprieve on that rate is going to...
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Dec 19, 2012
12/12
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word tonight on the findings of an independent panel investigating the u.s. consulate attack in benghazi. the board concluded that systematic failures at the state department lead to inadequate security that left the mission vulnerable. the september 11 attack killed a u.s. ambassador and three other americans. despite that review, the panel determined no individual american officials ignored or violated their duties, and no disciplinary action was needed. in addition, the board found there was no protest and blamed the incident entirely on terrorists. both sides appear to be even closer to a deal with regard to the fiscal cliff, but just in case negotiations stall house republican leaders are pitching a plan b. under the backup plan, tax rates for those earning more than $1 million a year would increase to 39.6%. democrats quickly rejected the suggestion. hundreds of baltimore city temporary school employees will lose their jobs before christmas. administrators say they are making the cuts to avoid duplicating positions, some of which have been on the payrol
word tonight on the findings of an independent panel investigating the u.s. consulate attack in benghazi. the board concluded that systematic failures at the state department lead to inadequate security that left the mission vulnerable. the september 11 attack killed a u.s. ambassador and three other americans. despite that review, the panel determined no individual american officials ignored or violated their duties, and no disciplinary action was needed. in addition, the board found there was...
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Dec 27, 2012
12/12
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the dow staged and pulled lower today by u.s. senator harry reid and the idea that the markets would send the markets higher in late trading and even though the gains latt in the kay were trimmed. mitch wok nell tock to the fleb vp strategy. the weaker performers were financial, materials as well as utilities among the sectors offsetting late-day games we saw in discretionary and staple stocks low on initial consumer sentiment and the cliff. home builders today finished something very good. november home sales for strong continue once again. of course, now all eyes to this weekend to see what hang will done about the cliff. back to you. >> if, at all. thank you, mary. housing is clicking on all cylinders right now. home prices up nearly 7 boston this year making it the first yearly gain we've seen in housing six 2006. that's unbelievable. >> it is unbelievable. >> look the november numbers. 14.5% jump in existing home sales. mary mentioned the 15% increase in new home sales. mortgage rates still close to all-time lows right now.
the dow staged and pulled lower today by u.s. senator harry reid and the idea that the markets would send the markets higher in late trading and even though the gains latt in the kay were trimmed. mitch wok nell tock to the fleb vp strategy. the weaker performers were financial, materials as well as utilities among the sectors offsetting late-day games we saw in discretionary and staple stocks low on initial consumer sentiment and the cliff. home builders today finished something very good....
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Dec 12, 2012
12/12
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but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a conclusion to this. even if it waits until the last minute. even if it is in january, what it is going to mean is slow growth. it may mean that we lose the entire first quarter because everybody is still worrying and talking about the issue. and here we go, clients again, investing in a time when they need to be invested. >> he also thinks if we go over the cliff it might trig ear recession. what about the fed? as you know, it announced those big moves today. tying any move in rates to the unemployment rate. are we in a bond double? we will hear from blackrock's chief investment officers of fundamental
but they like the u.s. best. and in currencies, blackrock is all about being a dollar bull. so where specifically are they putting all that money to work in light of fiscal cliff? take a listen to what bla blackrock's robert casid 0 to me. he manages the firm's $3.7 trillion in assets. >> does this mean we good over the fiscal cliff. >> it is a very high likelihood it does or 11:59 on december 31st with a lot of hoopla. but tax rate are going to go up. there is a going to be a...
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Dec 19, 2012
12/12
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that's how much it's estimated that the u.s. health care system throws away on just unnecessary care, wasteful spending and downright fraud. take this back brace, for example, medicare pays over $900 for a product that you could find online for less than $250. >> well, this is all according to a new government report, and while this may seem like one small example, it all adds up. first a question of what your tax dollars are paying more and there's only so much wasteful spending that can be cut. diane, first to you. how in the world can this happen? how does medicare not know what in the world they are paying for? >> well, i think that when you have a government program providing all these things it's very difficult to get costs down. that's why it's important to have competition among providers of medicare, like with the federal employee health benefits plan so seniors can choose a particular plan within medicare, a plan pre-approved by the government. they all compete for seniors. they all compete for seniors' business. that
that's how much it's estimated that the u.s. health care system throws away on just unnecessary care, wasteful spending and downright fraud. take this back brace, for example, medicare pays over $900 for a product that you could find online for less than $250. >> well, this is all according to a new government report, and while this may seem like one small example, it all adds up. first a question of what your tax dollars are paying more and there's only so much wasteful spending that can...
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Dec 20, 2012
12/12
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male announcer ] choose taste. choose prego. >>> i will use all the powers of this office to help advance efforts aimed at preventing tragedies like this. we can't prevent them all, but that can't be an excuse not to try >> president obama pledging to propose new legislation by next month. new polling shows 52% now in favor of major gun restrictions. 37% favor major restrictions. 15% want to make all guns illegal. 33% support minor restrictions and 33% want no restrictions at all. which may explain why conser conservative democrats
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. prego?! but i've bought ragu for years. [ thinking ] wonder what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relief ] [ male...
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Dec 14, 2012
12/12
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the u.s. markets have been ignoring what's been happening overnight. basically paralyzed by the paralysis in d.c. still we are doing pretty well year to date with the s&p 500 still up 12 percent percent. today the nasdaq is the underperformer. that is due to a big drop in apple. ubs has cut its price target to $700 from $780. apple is down 26%. it hit its record high in september. let's get down to the new york stock exchange. mary, over to you. >> apple's weakness is certainly one of today's themes on wall street along with a lack of direction because of a lack of headlines on the fiscal cliff. as you mentioned, today's economic data, a good reading on industrial production doing little to generate investor's interest today. slumber jay is facing a decline in energy stocks after issuing a profit warning because of weakness in north america as well as weak demand in europe and such. a lift is happening to steal stocks like u.s. steel and metals and minors. also there's signs of life in energy. earlier it had the capital expenditures forecast for next y
the u.s. markets have been ignoring what's been happening overnight. basically paralyzed by the paralysis in d.c. still we are doing pretty well year to date with the s&p 500 still up 12 percent percent. today the nasdaq is the underperformer. that is due to a big drop in apple. ubs has cut its price target to $700 from $780. apple is down 26%. it hit its record high in september. let's get down to the new york stock exchange. mary, over to you. >> apple's weakness is certainly one of...
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Dec 21, 2012
12/12
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FOXNEWSW
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. i knew it'd be tough on our retirement savings, especially in this economy. but with three kids, being home more really helped. man: so we went to fidelity. we talked about where we were and what we could do. we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free one-on-one help from america's retirement leader. >> shepard: it's the bottom of the hour, time for the top of the news. and look out below. 12 days to go until we plumb net big spending cuts. and according to economists probably another big recession. house floor. waiting for the vote on part two of the republicans call plan b. as you can see after passing part 1. the house has unexpectedly gone into recess. senate democrats and the house say it doesn't much matter because the entire plan b is dead on arrival. ed henry the
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. i knew it'd be tough on our retirement savings, especially in this economy. but with three kids, being home more really helped. man: so we went to fidelity. we talked about where we were and what we could do. we changed our plan and did something about our economy. now we know where to go for help if things change again. call or come in today to take control of your personal economy. get free...
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Dec 5, 2012
12/12
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law and that the treaty cannot be used as the basis for a lawsuit in u.s. courts. the opponents said it was inappropriate to consider a treaty ma post election lame duck session, never mind that just since i've been watching the senate, they've approved treaties 19 times during lame duck sessions. and then they said, and this is what did it, this is what the 38 no votes were trapped by, the tiniest possible interest group you could imagine affecting the outcome of something so important. the home schooling crowd. then they said that the treaty endangered home schooling. home schooling fanatics expressed worry that the treaty could lead to the government imposing new regulations on the home schooling of disabled children, even though there is no language they could point to in the treaty that could justify any such worry. republicans who knew this was a lie still based their vote on it, because that is how much they live in fear of any interest group, of any size, with any affiliation with the tea party. the opposition to the treaty was led by tea party darling mike
law and that the treaty cannot be used as the basis for a lawsuit in u.s. courts. the opponents said it was inappropriate to consider a treaty ma post election lame duck session, never mind that just since i've been watching the senate, they've approved treaties 19 times during lame duck sessions. and then they said, and this is what did it, this is what the 38 no votes were trapped by, the tiniest possible interest group you could imagine affecting the outcome of something so important. the...
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Dec 18, 2012
12/12
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equities are cheap in the u.s., and it's going to be just like the u.s. treasuries have been for the last five, six years, a flight to quality. you'll see a continuation flight to quality. i'm extremely, extremely constructive on the market. >> real quickly on the bone u.s. we didn't get there. >> sorry. >> some firms are actually moving the bonus payments to the end of this year to avoid the higher capital gains tax. what's your take on bonuses? >> meant to answer that. importantly whatever happens with bonuses will be no indication what happens with next year because in 2009 a lot of people were hired on contracts, so the firms are forced to actually still have higher payouts than they want to have. 2013 is going to be a much ruder awakening for salaries and total comp on wall street. >> wow. meredith, always nice you have to on the program. >> thank you so much. >> founder and ceo of meredith whitney advisory group. >> want to update you on the tragedy in newtown tragedy. danielle lee back with the very latest. >> reporter: good afternoon. students ret
equities are cheap in the u.s., and it's going to be just like the u.s. treasuries have been for the last five, six years, a flight to quality. you'll see a continuation flight to quality. i'm extremely, extremely constructive on the market. >> real quickly on the bone u.s. we didn't get there. >> sorry. >> some firms are actually moving the bonus payments to the end of this year to avoid the higher capital gains tax. what's your take on bonuses? >> meant to answer that....
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Dec 14, 2012
12/12
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maybe the u.s. is not used as much to the last minute, last night, so we're very confident that a solution will be found. >> you think we will get a solution in the 11th hour? >> absolutely. >> that's how america normally does, it i guess. let me ask you. interesting to look around the world and see austerity everywhere you look. we're looking at this subject, whether it's in the united states, in italy, throughout europe. give us your sense of what's going on with the debt situation in italy right now. news today, of course, that the public debt rose above 2 trillion euro for the first time in october. can the government get the debt under control in italy? >> you know, we started to manage our spending review last year when government took place. there was a huge parliamentary alignment around the agenda of the prime minister because the crisis effect was that there was no alternative, so everyone had to really support an agenda of tackling the control of costs and tackling the reforms that every
maybe the u.s. is not used as much to the last minute, last night, so we're very confident that a solution will be found. >> you think we will get a solution in the 11th hour? >> absolutely. >> that's how america normally does, it i guess. let me ask you. interesting to look around the world and see austerity everywhere you look. we're looking at this subject, whether it's in the united states, in italy, throughout europe. give us your sense of what's going on with the debt...
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Dec 24, 2012
12/12
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WGN
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a plainfield the native he recently returned from afghanistan and has served in the u.s. army for two years >> your live illinois lottery drawing is next >> after that ramsey joins us and he says it will have a little light snow here and there but probably not enough for a white christmas... >> coming up on instant replay... the bears at stay alive thanks to their defense ... we will take a break whatever it takes, get to sears gift sale with all small kitchen appliances on sale. get this kitchen aid stand mixer for $199.99. your choice of these kenmore appliances for $29.99. and your choice of cuisinart for $99.99. this is how to gift. this is sears. live illinois lottery... pick 3... 8 3 9 pick 4... 5 3 5 6 lucky day lotto... 18 38 7 32 23 3 break a lot of people would like a white christmas... >> we will get some snow christmas day... not a lot bell though. today we had a lot of gloom... we may see a passing flurried tonighty tonight... tomorrow a better chance of seeing a passing snow shower... temperatures around the area tonight, low 30's. the hyde today was 34 degr
a plainfield the native he recently returned from afghanistan and has served in the u.s. army for two years >> your live illinois lottery drawing is next >> after that ramsey joins us and he says it will have a little light snow here and there but probably not enough for a white christmas... >> coming up on instant replay... the bears at stay alive thanks to their defense ... we will take a break whatever it takes, get to sears gift sale with all small kitchen appliances on...
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Dec 28, 2012
12/12
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at the white house for almost six years, experience with the treasury department and also a former u.s. mint director. do you have any -- any feeling, any sort of inside feeling, if you like, about what's going on over there? >> yeah, you know, i've been there before, and can i say that all the parties truly wanted to come to some type of resolution, but they have kicked the can down the road so many times it's all the solutions that are left are extremely difficult ones with huge political and economic negative consequences, so from my perspective they are having so much difficulty trying to come to agreement. i'm shaving a little bit off of this year's deficit. we're going to have fiscal problems for as far as the eye can see, an here's where an investor, a smart investor is going to want to diversify, especially into things like tangible assets like gold. >> you're going to make the case for gold here, which, you know, has had a heck of a run for the last decade or so, but it has started to show signs of wear and tear. what would propel gold from here necessarily? >> well, two thing
at the white house for almost six years, experience with the treasury department and also a former u.s. mint director. do you have any -- any feeling, any sort of inside feeling, if you like, about what's going on over there? >> yeah, you know, i've been there before, and can i say that all the parties truly wanted to come to some type of resolution, but they have kicked the can down the road so many times it's all the solutions that are left are extremely difficult ones with huge...
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Dec 1, 2012
12/12
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. >>> up next, something else that won't help republicans out of their mess, u.s. congressman louie gohmert is out there suggesting the obama administration is in cahoots with the muslim brotherhood. who is buying this malarkey? malarkey is a good word. this is "hardball," the place for politics. >>> back to "hardball." now to the "sideshow." first, after president obama and mitt romney got together for their post-election lunch yesterday, jon stewart reflected on the event with help from the '80s movie "coming to america." >> the event was actually closed to cameras, but we have some footage of governor romney arriving to the white house. i believe that's him there, and then he's getting out, and then -- the campaign is over so he doesn't have to pretend anymore. he can finally wear that serengeti lion sash he hadn't been wearing. >>> also we've heard from republicans who are ditching grover norquist' no tax pledge, but how one of them freed himself without admitting he was backpedaling. from chris gibson, representative gibson signed the pledge as a candidate in
. >>> up next, something else that won't help republicans out of their mess, u.s. congressman louie gohmert is out there suggesting the obama administration is in cahoots with the muslim brotherhood. who is buying this malarkey? malarkey is a good word. this is "hardball," the place for politics. >>> back to "hardball." now to the "sideshow." first, after president obama and mitt romney got together for their post-election lunch yesterday, jon...
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Dec 5, 2012
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he says he still has money and won't rule out going back to the u.s. matt gutman, abc news, guatemala city. >>> and coming up next here, would you leave, a dog taught to drive? and it's a stick shift. we'll tell you how and why. new prilosec otc wildberry is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. military families face, we understand. at usaa, we know military life is different. we've been there. that's why every bit of financial advice we offer is geared specifically to current and former military members and their families. [ laughs ] dad! dad! [ applause ] ♪ [ male announcer ] life brings
he says he still has money and won't rule out going back to the u.s. matt gutman, abc news, guatemala city. >>> and coming up next here, would you leave, a dog taught to drive? and it's a stick shift. we'll tell you how and why. new prilosec otc wildberry is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we...
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Dec 30, 2012
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president obama this morning told "meet the press" the u.s. now has some "very good leads" about who carried out the deadly strike. >> there was sloppiness, not intentional in terms of how we secure embassies in areas where you essentially don't have governments that have a lot of capacity to protect the embassies. so we are are doing a thorough review. not only will we implement all of the recommendations that were made but we will try to do more than that. with respect to who carried it out, that is an ongoing investigation. the fbi has sent individuals to libya repeatedly. we have some very good leads, but this is not something that i'm going to be at liberty to talk about right now. >> the attacks, of course, killed four americans including u.s. ambassador christopher stevens. it happened back in september. how is it now that we are getting "good lead is" four months later and why haven't there been any arrests? joining us is the former ambassador to the united nations and fox's contributor are john bolton who joins us every sunday about t
president obama this morning told "meet the press" the u.s. now has some "very good leads" about who carried out the deadly strike. >> there was sloppiness, not intentional in terms of how we secure embassies in areas where you essentially don't have governments that have a lot of capacity to protect the embassies. so we are are doing a thorough review. not only will we implement all of the recommendations that were made but we will try to do more than that. with...
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Dec 5, 2012
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. >> people woke up to this headline "u.s. denies aid to storm victims." this is the picture. >> the senator speaks wednesday at a sub committee on capitol hill expressing sadness and disbelief that fema denied the state's request for individual assistance for residents affected by superstorm sandy. also in attended was another senator who pointed out why the state was spared 30 inches of snow still fell and areas around the crab capitol were destroyed by flooding. >> if you live in parts of maryland you are suffering as much as any community in this storm. >> both the governor and fema director have pledged to appeal the denial, has expressed outrage saying "i cannot remember a public policy decision that more deeply grieves me than the denial of individual assistance aid to families, homes, easy businesses. as one of maryland's poorest counties they need the help that these funds will provide." fema will still provide funds to the state that will help repair public structures such as roads. back on capitol hill the direct irseemed to be open to giving th
. >> people woke up to this headline "u.s. denies aid to storm victims." this is the picture. >> the senator speaks wednesday at a sub committee on capitol hill expressing sadness and disbelief that fema denied the state's request for individual assistance for residents affected by superstorm sandy. also in attended was another senator who pointed out why the state was spared 30 inches of snow still fell and areas around the crab capitol were destroyed by flooding....
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Dec 20, 2012
12/12
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this is your best correlated trade to the u.s. housing recovery. i think you stay with it but you take your equity position now and move it into options. the potential is there if there is a larger entity that believes of playing the u.s. housing inregular it. >> at stock is trading at 52-week low, down 11%. hold it or fold it, stephanie? >> this should be the fast fire of the day. certainly for me. i was wrong on this name. the quarter was disappointing. i thought they would do a little built better on the margin side, a little better on the comp side. some of it was superstorm sandy related so i don't think it -- the stock is down about 3 -- 30%. i think housing could bail them out. >> first up, merck. >> the cholesterol drug failed a test. could take a big hit. >> and if it goes to 22, i'm a buyer of greenier. >> what a story aig has been this year. >> i think now that the government is out and they've sold aii. they have $11 billion here and you can focus on fundamentals? >> it's excellent for mid-couldn't fent refiners. >> and a pop for the go
this is your best correlated trade to the u.s. housing recovery. i think you stay with it but you take your equity position now and move it into options. the potential is there if there is a larger entity that believes of playing the u.s. housing inregular it. >> at stock is trading at 52-week low, down 11%. hold it or fold it, stephanie? >> this should be the fast fire of the day. certainly for me. i was wrong on this name. the quarter was disappointing. i thought they would do a...
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Dec 13, 2012
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u.s. officials say more than half dozen scud missiles were fired into northern syria and areas held about it rebels have suffered severe damage recently. there's no evidence that the missiles contain chemical weapons, though. meanwhile, the president of ecuador denied yesterday that syrian leader assad has requested asylum there. >>> john mcafee is back on u.s. soil after being deported from guatemala on immigration violations. the anti-virus millionaire is miami. they are not involves in the belize investigation into the death of mcafee's neighbor. asked if he was concerned about extradition, mcafee responded. >> i'm not worried at all. if i'm in front of a court, there is nothing in the world they will do to send me back. they have no evidence. they're obviously trumped up charges. this is the only attempt they charged me. >> mcafee is currently free in the u.s. he remains a person of interest and the belize police would still like to talk to them. >>> there are new details this morning
u.s. officials say more than half dozen scud missiles were fired into northern syria and areas held about it rebels have suffered severe damage recently. there's no evidence that the missiles contain chemical weapons, though. meanwhile, the president of ecuador denied yesterday that syrian leader assad has requested asylum there. >>> john mcafee is back on u.s. soil after being deported from guatemala on immigration violations. the anti-virus millionaire is miami. they are not involves...
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Dec 11, 2012
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under u.s. labor law, people have a choice -- >> reporter: that's true, but if you work on the line at ford or gw -- or gm, you have to pay in a large percentage of those union dues. that's the way it works. >> you don't have to be a union member. but you have to pay your fair share. just like if you live in a community, you pay for your fair share of the road cleaning, of the police, of the fire. people who kr benefit by collective bargaining benefit by this procedure. they pay a fair share of the cost of representation. >> bob, is it going to make it harder for the uaw and unions across the state of michigan to get as many members, get as much money, and therefore have the same power at the bargaining table? >> no, our members are very loyal in places where we have right to work. we have some locals that have 100%. we've got many that are in the high 90s. people understand the value of the union. but we're worried about all workers in the state of michigan. we're worried about the bills that t
under u.s. labor law, people have a choice -- >> reporter: that's true, but if you work on the line at ford or gw -- or gm, you have to pay in a large percentage of those union dues. that's the way it works. >> you don't have to be a union member. but you have to pay your fair share. just like if you live in a community, you pay for your fair share of the road cleaning, of the police, of the fire. people who kr benefit by collective bargaining benefit by this procedure. they pay a...
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Dec 26, 2012
12/12
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the u.s. fda considering it. their decision expected by st. patrick's day of 2013. infinity farm amended a licensing agreement involving enzymes that could help fight against cancer. rbc likes it. they raised their price target to 38 from 32. this company also recently sold stock which rbc adds could help shore up their capital position. >>> finally, best buy. best buy shares not moving higher today. in fact, down a percent. but you had positive comments i want to relay to you about the new store remodels. an analyst went to best buy post- and pre-model and says the new stores are a real up grade from the whole. he believes the new design could help sales. best buy down about 33% this quarter. >>> in bonus stock which is not a stock at all, it is an etf, talking about the uso, i'm only showing it to you because it's up 2.7%. it is very active and you got some technical levels looking pretty good, mandy. >> actually, that oil etf is a pretty good segue into the oil check because the president's early return to washington sparking an oil rally. bertha coombs has been
the u.s. fda considering it. their decision expected by st. patrick's day of 2013. infinity farm amended a licensing agreement involving enzymes that could help fight against cancer. rbc likes it. they raised their price target to 38 from 32. this company also recently sold stock which rbc adds could help shore up their capital position. >>> finally, best buy. best buy shares not moving higher today. in fact, down a percent. but you had positive comments i want to relay to you about...
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Dec 24, 2012
12/12
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parts of the u.s. will get a white christmas or more. tcheer storm watches have been issued for parts of arkansas and oklahoma. california is already getting wet. carter evans has the forecast. >> reporter: it's been bad enough. cars buried if they could move at all in the midwest. in california's sierra nevada, up to five feet of snow could fall. that's great news for skiers. >> we love the snow. c reporter: not for holiday fliers. >> the only option we have is to drive. >> reporter: the most violent y beher may be yet to come. and the timing couldn't be worse. >> it's going to be happening on christmas day and while people are with their families, it looks like we're going to see a widespread severe weather ons reak across portions of the southeast and we could see multiple tornadoes. >> reporter: which concerns this meteorologist is the developing weather pattern is much like the one that caused deadly tornadoes in alabama during the spring of 2011. this new storm could also bring snow as far south as dallas. >> this is going to be a
parts of the u.s. will get a white christmas or more. tcheer storm watches have been issued for parts of arkansas and oklahoma. california is already getting wet. carter evans has the forecast. >> reporter: it's been bad enough. cars buried if they could move at all in the midwest. in california's sierra nevada, up to five feet of snow could fall. that's great news for skiers. >> we love the snow. c reporter: not for holiday fliers. >> the only option we have is to drive....
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Dec 1, 2012
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as the u.s. edges steadily closer to the fiscal cliff, there are high level talks between the white house and congress. can they cut a deal in time? as mexico's bloody drug wars claim another high profile victim can a new leader end the violence. i'll speak exclusively with mexico's new president. and it was hidden away for decades. we'll take the wraps off a long secret u.s. plan to explode a nuclear bomb on the moon. we want to welcome our viewers in the united states and around the world. i'm wolf blitzer and you're in the situation room. >>> we begin with huge confrontations shaping up between president obama and republicans involving the most important decisions the president needs to make in his second term. >> we're now a month away from the so called fiscal cliff. a drastic combination of mandatory spending cuts and tax hikes that could plunge the united states back into a recession. while there are plenty of hard w0rds from both sides, some terms of a possible zeal are making the rounds.
as the u.s. edges steadily closer to the fiscal cliff, there are high level talks between the white house and congress. can they cut a deal in time? as mexico's bloody drug wars claim another high profile victim can a new leader end the violence. i'll speak exclusively with mexico's new president. and it was hidden away for decades. we'll take the wraps off a long secret u.s. plan to explode a nuclear bomb on the moon. we want to welcome our viewers in the united states and around the world....
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Dec 18, 2012
12/12
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so given that the weakest part of the u.s. economy has been capital spending related to the public policy uncertainty, i don't see an avoid the worst case scenario is significantly different from our base which was $1508 billion of fiscal drag which would impact the economy in the beginning of the year. >> barry, don't you think that -- do you really think that the market is going to get that granular, that it's going to get -- the ins and the outs, every last little part of the deal? once word filters on cnbc and other news outlets that a deal has been reached or at least the substance thereof, a framework of the deal has been reached? you know which way the market is going to go, don't you? >> i think it's already done it. this is the psychology that we heard prior to qe forever being announced in september and, of course, the market ripped the day after the qe forever was announced and then that was the peak. right? so, look, you guys are the traders. you're responsible for picking this short-term peaks and troughs. i'm no
so given that the weakest part of the u.s. economy has been capital spending related to the public policy uncertainty, i don't see an avoid the worst case scenario is significantly different from our base which was $1508 billion of fiscal drag which would impact the economy in the beginning of the year. >> barry, don't you think that -- do you really think that the market is going to get that granular, that it's going to get -- the ins and the outs, every last little part of the deal?...
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Dec 15, 2012
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worst school shootings in u.s. history. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. reporting tonight from newtown, connecticut. >> pelley: good evening. the bodies of most of the children killed this morning remain inside sandy hook elementary school tonight, along with the bodies of six adults and the gunman himself. the fire house behind me, decorated for christmas, is where terrorized parents came to find out whether their children were among the living or the dead. some of the victims were as young as five years old. president obama said today what everyone is thinking: we have been through this too many times. sandy hook is a k-4 elementary school with about 700 students. >> somebody came in to the room and shot a teacher. that's all i know. sorry. >> pelley: parents rushed to the school after getting robocalls that there had been a shooting. at 9:30 this morning police say a gunman, identified as 20-year-old adam lanza, opened fire in a kindergarten classroom where his mother was the
worst school shootings in u.s. history. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. reporting tonight from newtown, connecticut. >> pelley: good evening. the bodies of most of the children killed this morning remain inside sandy hook elementary school tonight, along with the bodies of six adults and the gunman himself. the fire house behind me, decorated for christmas, is where terrorized parents came to find out whether their children were...
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on tuesday, the senate rejected a u.s. treaty aimed at protecting the rights of disabled people around the world. it is modeled on the americans for disability act. 125 other countries ratified it but in the full senate 38 republicans voted no leaving it 5 votes short of ratification. what we learned today is that some of the very same senators actually supported the treaty before they voted against it. some even pledged their support publicly. senator roy blunt of missouri was a flip flopper and kay bailey hutchison and jerry moran of kansas. they all declined to come on the program. they're silent. senator moran was a cosponsor of the measure to ratify the treaty and put a press release back in may proclaiming support for the treaty. i want to show you something else. here's senator moran with former senator bob dole in june. dole, a war veteran, a listening time supporter of disability rights and advocate of this treaty. just before tuesday's vote, he came to the senate chamber, 89, frail in the wheelchair and thought i
on tuesday, the senate rejected a u.s. treaty aimed at protecting the rights of disabled people around the world. it is modeled on the americans for disability act. 125 other countries ratified it but in the full senate 38 republicans voted no leaving it 5 votes short of ratification. what we learned today is that some of the very same senators actually supported the treaty before they voted against it. some even pledged their support publicly. senator roy blunt of missouri was a flip flopper...
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Dec 17, 2012
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. >> the big concern we have is at some point the u.s. economy can saturate in terms of iphone 5 sales. we need growth to come from emerging markets. and android is dominating that market. and most are developing content for android first. you look at the asian market which is going to be the pillow of growth long-term. and its apps are going to be inferior to what android is pumping out. once we think samsung and the chinese will outperform apple. >> and what about that, brian? there's plenty of competition as maria points out in the phone business, the tablet business. especially when you consider the price point that they put on their ipad mini. it was much higher than people were anticipating. so does that mean that amazon and google can make more inroads there as well? >> well, we think maybe that apple left some of that business on the table that price sensitive customers will turn towards google and amazon. but we think the ipad mini is good profitability. we thought it would cannibalize larger ipad. now we think they're equivalent
. >> the big concern we have is at some point the u.s. economy can saturate in terms of iphone 5 sales. we need growth to come from emerging markets. and android is dominating that market. and most are developing content for android first. you look at the asian market which is going to be the pillow of growth long-term. and its apps are going to be inferior to what android is pumping out. once we think samsung and the chinese will outperform apple. >> and what about that, brian?...
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Dec 5, 2012
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the third and the most important thing is the u.s. economy is the most vibrant, adaptable, innovative and creative economy on the planet. i think that means we're coming out and starting to see that in many sectors today. we're bullish and think you need to look at this on a positive frame. >> maria, i'm less bullish than that. that sounds very optimistic. i would love to believe that, but if you compare valuations of equities versus bonds, yes, there's a huge spread right now, but that doesn't necessarily make equities really cheap. it's just a relative trade. i think, also, yes, we're a vibrant economy. we certainly are a strong economy. i think it's really unsustainable, the level of debt that we have in this country. we have $1 trillion in debt. i heard an incredibly succinct way of describing this. rick santelli actually said it this morning about how you can't say you're cutting $800 billion when really $80 billion is really from wars that are just going away. that's not really a cut. that's taking away the addition. i think you
the third and the most important thing is the u.s. economy is the most vibrant, adaptable, innovative and creative economy on the planet. i think that means we're coming out and starting to see that in many sectors today. we're bullish and think you need to look at this on a positive frame. >> maria, i'm less bullish than that. that sounds very optimistic. i would love to believe that, but if you compare valuations of equities versus bonds, yes, there's a huge spread right now, but that...
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Dec 5, 2012
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how much will the u.s. spend in tax expenditures on subsidies for retirement savings accounts next year? the answer when we return. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. so, the 5.3-liter v-8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer power? [ laughing ] [ stops laughing ] [ male announcer ] chevy's giving more. this holiday season, trade up to get the 2012 chevy silverado all-star edition for 0% apr financing for 60 months plus $2,000 cash allowance or get a total value of $9,000. i have obligations. cute tobligations, but obl
how much will the u.s. spend in tax expenditures on subsidies for retirement savings accounts next year? the answer when we return. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ]...
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Dec 19, 2012
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we need to show a goodwill to the u.s. >> greta: all right. and you have had any response indicating that mexico intends to release him? >> well, the only official statement that i'm aware of so far is a letter that the mexican ambassador in washington sent to the family. after that, they've been low key, and i think they are considering their options. i know it's a very difficult issue, very sensitive issue on both sides of the borders, but we hope that the president will intervene in favor of releasing this gentleman very soon. >> greta: you know, chaining someone in a prison is really beyond the pale. i mean have you any thoughts on that? that is by far the most offensive part of this, bev sides the fact the united states government seems to be sitting on its hands on it. any thoughts on chaining a marine in a mexican prison? >> we have to take into consideration that at the request of his lawyer he was transferred to the mainstream of the jail, so i believe it's for his own good that he's chained. the picture is no good. it's a topic that'
we need to show a goodwill to the u.s. >> greta: all right. and you have had any response indicating that mexico intends to release him? >> well, the only official statement that i'm aware of so far is a letter that the mexican ambassador in washington sent to the family. after that, they've been low key, and i think they are considering their options. i know it's a very difficult issue, very sensitive issue on both sides of the borders, but we hope that the president will intervene...
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Dec 20, 2012
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a u.s. ambassador and three others were killed in a terrorist attack on that diplomatic compound in libya. one state department official resigned wednesday and three others removed after an independent panel found security at the consulate was insufficient and state department leadership was to blame. >> the security posture at the special mission compound was inadequate for the threat environment in benghazi. and in fact, grossly inadequate to deal with the attack that took place that night. >> the report also found the attack was not the result of protests over an anti-islamic video as was first reported. later today, two deputy secretaries of state will testify before congress about the attack. secretary of state hillary clinton will not be there. she's recovering from a concussion after fainting from the stomach flu. aides say clinton, the most traveled u.s. diplomat ever won't be making any trips at all for a few weeks. state department officials dismiss claims that clinton is faking he
a u.s. ambassador and three others were killed in a terrorist attack on that diplomatic compound in libya. one state department official resigned wednesday and three others removed after an independent panel found security at the consulate was insufficient and state department leadership was to blame. >> the security posture at the special mission compound was inadequate for the threat environment in benghazi. and in fact, grossly inadequate to deal with the attack that took place that...
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Dec 7, 2012
12/12
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interfere. >> if the u.s. signs a treaty, they're responsible for living up to that treaty and can enforce that treaty. what you're basically saying is why don't we sign the treaty and we'll just ignore it and hope other countries live up to it. >> he doesn't have an answer, chris. >> that's the answer. let me ask you this, why don't we do this -- >> i want to do him a favor. i want to endorse rick santorum for the republican nomination in 2016. >> i think you've been very clever there, john, to say some people think. do you think it? >> i think -- >> do you fear u.n. helicopters coming into our country? >> it makes me very nervous when we take countries that have no beliefs in civil liberties, countries who are terrible on human rights, and we say we're going to put you in charge of decisions -- >> that's not what it does. it forces them to live up to standards that we believe in. >> no, it doesn't. where does it say in there the other countries will live up to our standards? >> that's what the treaty does. i
interfere. >> if the u.s. signs a treaty, they're responsible for living up to that treaty and can enforce that treaty. what you're basically saying is why don't we sign the treaty and we'll just ignore it and hope other countries live up to it. >> he doesn't have an answer, chris. >> that's the answer. let me ask you this, why don't we do this -- >> i want to do him a favor. i want to endorse rick santorum for the republican nomination in 2016. >> i think you've...
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Dec 28, 2012
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WBAL
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this it turns out was the stealth version of the blackhawk the u.s. had been rumored to be developing for years designed for near sisilent, invisible operation. in the comes days neighborhood children were picking through the pieces of what was among the might hey u.s. military's best kept secrets. back inside the situation room listen to admiral mccraven's play-by-play of mission, you'd never know something had gone wrong. >> that room had tremendous confidence because, indeed, the officer commanding this operation, admiral mccraven, didn't have a change of intonation in his voice. >> mccraven didn't change his style of sfeech and said we amended the mission and did not miss a beat. >> did not miss a beat. he's a cool customer. >> right then another wrinkle. one of the bin laden's neighbors was up and watching the action, and he happened to be an enthusiastic twitter user who in his own way broke the news of the raid to the wider world via twitter. helicopter hovering above outtabd was a rear event they hadn't prepared for. this happens 40 characters
this it turns out was the stealth version of the blackhawk the u.s. had been rumored to be developing for years designed for near sisilent, invisible operation. in the comes days neighborhood children were picking through the pieces of what was among the might hey u.s. military's best kept secrets. back inside the situation room listen to admiral mccraven's play-by-play of mission, you'd never know something had gone wrong. >> that room had tremendous confidence because, indeed, the...
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Dec 21, 2012
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russian officials are not permitted to sit in on u.s. cases involving the mistreatment of russian children. there have of course been a number of deaths of kids adopted from russia, by u.s. families, which has alarmed the russian public. the threat of a ban is also being seen as a response to the u.s. act, a recent law barring entry to russians accused of human rights violations. all part of those growing tensions between washington and moscow. erin? >> thanks very much. >>> now, our fifth story out front, the mind of a killer. adam lanza left few clues for investigators as to yes went on a shooting spree, killing 27 people last friday. now a geneticist has been joined to the investigation to try to determine if biology played a role. it is hard to imagine anything else. all of us sit here and try to think about how a human being, even an insane human being could kill innocent children. so a big question is this, are certain people predestined to kill? dr. jim fallon has been studying the brains of murderers for close to 20 years. he joi
russian officials are not permitted to sit in on u.s. cases involving the mistreatment of russian children. there have of course been a number of deaths of kids adopted from russia, by u.s. families, which has alarmed the russian public. the threat of a ban is also being seen as a response to the u.s. act, a recent law barring entry to russians accused of human rights violations. all part of those growing tensions between washington and moscow. erin? >> thanks very much. >>> now,...
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Dec 13, 2012
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. >> is 2013 going to be a good year for investors in the u.s. or what? >> i think it will be. assuming we have some sort of resolution maybe not even by december 31. i think that what you see right now, tyler, is corporate profits so high, interest rates are so low, i just think there is too much money in the system. >> january 1 is one deadline. other deadline is inauguration day. that will do it for "power lunch," sue? >> "street signs" starts now. see you tomorrow. >> welcome to "street signs." topping your headlines today, what the -- tying job less rate to the cost rate? i can't go for that. we will ask the man who runs google heim's millions. our chart will lay out the real case. why are so many of us willing to pay what some call the apple tax? is d.c.'s problem revenue or spending? or stat of the day will help you make up your mind, mandy, if it doesn't blow your mind, first. >> i'm ready to have my mind blown. in the meantime, the mark set looking shaky at this point and s&p may miss out on postingity first seven-day winning streak in six years. reak, by the way, folk
. >> is 2013 going to be a good year for investors in the u.s. or what? >> i think it will be. assuming we have some sort of resolution maybe not even by december 31. i think that what you see right now, tyler, is corporate profits so high, interest rates are so low, i just think there is too much money in the system. >> january 1 is one deadline. other deadline is inauguration day. that will do it for "power lunch," sue? >> "street signs" starts now....
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Dec 20, 2012
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. >> there is certainly a big dose of holiday cheer around the u.s. and we are calling it our hope yum. we have three gifts just for you. first, stocks getting more and more love thank you. er with seeing finally rotation out of bonds. bank of america saying in a note that these are biggest outflows from bond funds in 70 weeks. the second gift, good growth number today. our economy growing at solid 3.1% pace last quarter. gdp numbers better than expected. finally, your third present. housing tp it has been hot. seeing their biggest gains since 2006, mandy. a hopeium hat trick just for you. >> thank you very much. >> holiday h o opium from all sides today. let's start with the dow up just 2% this month alone. even better days ahead. let's ask paul hickey. once again, paul, historically speaking the isn't a claws rally kicks off on the 21st. feels like santa has come a little early this year. >> he certainly has. so far like you said, up almost 2% on the month. historically, december issiser toically a strong month but the first half of the month is typ
. >> there is certainly a big dose of holiday cheer around the u.s. and we are calling it our hope yum. we have three gifts just for you. first, stocks getting more and more love thank you. er with seeing finally rotation out of bonds. bank of america saying in a note that these are biggest outflows from bond funds in 70 weeks. the second gift, good growth number today. our economy growing at solid 3.1% pace last quarter. gdp numbers better than expected. finally, your third present....
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Dec 18, 2012
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right now there are 40 dart pools in the u.s. operating alongside 13 public exchanges. the concern, there's a potential disadvantage to the overall markets and, of course, retail investors. maria? >> that. ton, thank you so much. >>> as the debate continues on capitol hill, back on wall street, seth marin argues that high-frequency trading benefits the few at the extension of many and is taking a toll on investor confidence and seth joins me right now along with special guest host ken langone. you're very critical of high-frequency trading saying it benefits the few at the expense of many. why in. >> that's correct. you have a very few number of constituents, and this is very much of a zero sum game, and they make their money at the expense of all of those folks who are investors who invest in the mutual funds and the pension funds, and the most important thing that we need to reinstill in this country is investor confidence. >> yeah. >> unfortunately, all of the major blow ups, recently the flash crash, facebook or the knight fiasco are interrelated with high-frequency
right now there are 40 dart pools in the u.s. operating alongside 13 public exchanges. the concern, there's a potential disadvantage to the overall markets and, of course, retail investors. maria? >> that. ton, thank you so much. >>> as the debate continues on capitol hill, back on wall street, seth marin argues that high-frequency trading benefits the few at the extension of many and is taking a toll on investor confidence and seth joins me right now along with special guest...
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nonetheless, the u.s. attorney in washington has been very clear in saying that it is a violation of federal law and our job as department of justice employees is to enforce federal law. >> do you agree with the federal law? do you agree the federal law should remain that -- pot use and -- smoking, trafficking, selling, administering taxes on, pot use, should all be illegal state to state? >> well, listen, that law represents value judgment of congress as to what is right important the american people. so -- you asked me whether or not i had personal views about it, i certainly do. as a general manner it does represent the will of the people through the actions by congress. i personally believes the a mistake. i certainly am -- being a former state official of texas, certainly believe in the rights of the states to make these kind of decisions for their own people. but i -- i -- here we do have -- a field you can argue has been preempted by the federal government, regulatory scheme that has been in place i
nonetheless, the u.s. attorney in washington has been very clear in saying that it is a violation of federal law and our job as department of justice employees is to enforce federal law. >> do you agree with the federal law? do you agree the federal law should remain that -- pot use and -- smoking, trafficking, selling, administering taxes on, pot use, should all be illegal state to state? >> well, listen, that law represents value judgment of congress as to what is right important...